Savings Accounts

Security State Bank offers a variety of savings options designed to meet your short and long-term goals. Our competitive interest rates allow you to earn interest on all of our savings plans. Call us at (218) 736-5485 and ask for current rates.

Thrift Savings *

Our savings accounts have been designed to meet your needs. Give us a call–we’ve got an account that’s right for you.

Minimum Balance to Open $50.00

Minimum Balance to Avoid Fees $50.00

Monthly Maintenance Fee $1.00 if balance falls below minimum

Withdrawals $1.00 per debit in excess of 1 per month

Minimum Balance to Earn Interest $100 average daily

Interest Available Yes

Check Writing No

Monthly Maintenance Fee is waived if customer is 18 years or younger

Security Savings *

Our savings accounts have been designed to meet your needs. Give us a call–we’ve got an account that’s right for you.

Minimum Balance to Open $100.00

Minimum Balance to Avoid Fees $100.00

Monthly Maintenance Fee $1.00 if balance falls below minimum

Withdrawals $1.00 per debit in excess of 2 per month

Minimum Balance to Earn Interest $100 average daily

Interest Available Yes

Check Writing No

Monthly Maintenance Fee is waived if customer is 18 years or younger

MMDA Savings *

Our savings accounts have been designed to meet your needs. Give us a call–we’ve got an account that’s right for you.

Minimum Balance to Open $1,000.00

Minimum Balance to Avoid Fees $1,000.00

Monthly Maintenance Fee $5.00 if balance falls below minimum

Withdrawals $5.00 per debit in excess of 6 per month

Minimum Balance to Earn Interest $1,000 average daily

Interest Available Yes

Check Writing No

Retirement Savings *

Our savings accounts have been designed to meet your needs. Give us a call–we’ve got an account that’s right for you.

Minimum Balance to Open $100.00

Maintenance Fee N/A

Deposits Yes

Withdrawals $1.00 per debit in excess of 2 per month

Minimum Balance to Earn Interest $100 average daily

Interest Available Yes

6, 12, 24, 36 Month CD's

Our savings accounts have been designed to meet your needs. Give us a call–we’ve got an account that’s right for you.

Minimum Balance to Open $900.00

Maintenance Fee N/A

Deposits Yes, only during grace period

Withdrawals Yes, penalty may apply on an early withdrawal

Also available as IRA's

Health Savings Account *

Our savings accounts have been designed to meet your needs. Give us a call–we’ve got an account that’s right for you.

Minimum Balance to Open $0

Maintenance Fee $3.50 / monthly

Deposits Yes

Minimum Balance to Earn Interest $100

Withdrawals $0

Interest Available Yes

Paper Statement Fee of $5.00 / monthly if no e-Statements are requested

Personal Savings Accounts

Thrift Savings *

Security Savings *

MMDA Savings *

Minimum Balance to Open

$50.00

$100.00

$1,000.00

Minimum Balance to Avoid Fees

$50.00

$100.00

$1,000.00

Monthly Maintenance Fee

$1.00 if balance under the minimum

$1.00 if balance under the minimum

$5.00 if balance under the minimum

Withdrawals

$1.00 per debit in excess of 1 per month

$1.00 per debit in excess of 2 per month

$5.00 per debit in excess of 6 per month

Minimum Balance to Earn Interest

$100 average daily

$100 average daily

$1,000 average daily

Interest Available

Yes

Yes

Yes

Check Writing

No

No

No

Other

Monthly Maintenance Fee is waived if customer is 18 years or younger

Monthly Maintenance Fee is waived if customer is 18 years or younger

* Fees could reduce earnings on this account.

Other Savings Accounts

Retirement Savings *

6, 12, 24, 36 Month CD's

Health Savings Account *

Minimum Balance to Open

$100.00

$900.00

$0.00

Maintenance Fee

N/A

N/A

$3.50 / monthly

Deposits

Yes

Yes, only during grace period

Yes

Withdrawals

$1.00 per debit in excess of 2 per month

Yes, penalty may apply on an early withdrawal

$0.00

Minimum Balance to Earn Interest

$100 average daily

No

$100 average daily

Interest Available

Yes

Yes

Yes

Other

Also available as IRA's

Paper Statement Fee of $5.00 / monthly if no e-Statements are requested